Navy Federal's 100% financial mortgage charges a higher rate and in the process generates a HMDA red flag for regulators.
Checks obtained in scheme were cashed at branches of Redstone FCU and Regions Bank, feds say.
A new report from the Center for Responsible Lending has documented that payday lending at six large banks is continuing, and the reported alleged it is damaging consumers financially.
PHOENIX — Too many fees, too little trust. That’s how a large segment of consumers see traditional financial institutions, said Lewis Goodwin, CEO of Provo, Utah’s Green Dot Bank, a subsidiary of Green Dot, the prepaid card company.
PHOENIX — The risks of serving the underbanked are manageable and the customers can and will become loyal and profitable, BAI panelists say.
The bland name hides the lethal intent of DDoS when aimed at financial institutions, an event that has become increasingly common as dozens of large banks have recently found their online operations crippled, sometimes for days by highly skilled cyber-attackers.
Eight more credit unions and the $115 billion Regions Bank in Birmingham, Ala., have signed on as users of the Geezeo personal financial management and Web-based marketing solution, the company said.
MIDFLORIDA Credit Union completing conversion of six Tampa-area branches from Space Coast Credit Union, plans to merge the $50 million Bay Pines FCU.
Jackson, Miss., CDCU takes over another former bank branch to help serve underserved areas.
The care and feeding of personal finance management tools at financial institutions is something that takes constant time and effort.